Total monthly cost of ownership
Cost to Own a Home in Bonneau Beach, South Carolina
A $227,000 home here costs
$1,835per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $78,500 a year.
A standard mortgage calculator would have told you $1,238. The real number is $597 higher every month, 48% more than the payment most buyers budget for.
Compare Berkeley County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Bonneau Beach from a five-year rolling sample, and with about 1,543 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Berkeley County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bonneau Beach against Berkeley County and South Carolina
| Measure | Bonneau Beach | Berkeley County |
|---|---|---|
| Median home value | $227,000 | $280,300 |
| Median property tax | $783 | $1,343 |
| Effective tax rate | 0.345% | 0.479% |
| Median gross rent | $1,306 | $1,518 |
| Population | 1,543 | 238,723 |
The weather behind that power bill
Bonneau Beach sits in Berkeley County, which averages a high of 93.1°F in its hottest month and a low of 38.4°F in its coldest, with 52.32" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,473 cooling and 2,043 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Berkeley County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Berkeley County
Full Berkeley County cost breakdown · Every county in South Carolina
Talk to someone who works this market
These are Bonneau Beach averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Bonneau Beach every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Bonneau Beach I already own here and may sell
Common questions
How much does it cost to own a home in Bonneau Beach?
A $227,000 home in Bonneau Beach, South Carolina costs approximately $1,835 per month with 20% down at 7.24%. That is $1,238 principal and interest, $65 property tax, $109 homeowners insurance, $233 utilities and $189 set aside for maintenance.
What is the property tax rate in Bonneau Beach?
Bonneau Beach has an effective property tax rate of 0.345%, based on a median home value of $227,000 and median real estate taxes of $783. That is lower than the Berkeley County average of 0.479%.
What is the average home price in Bonneau Beach?
The median owner-occupied home value in Bonneau Beach, South Carolina is $227,000, against $280,300 across Berkeley County.
Is it cheaper to rent or buy in Bonneau Beach?
Median gross rent in Bonneau Beach is $1,306 a month, against $1,835 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Bonneau Beach?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Bonneau Beach, South Carolina at today's rate takes a household income of roughly $78,500 a year. That covers the full $1,835 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bonneau Beach, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for South Carolina.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.